Jimsy:
Let me tell you why I feel like I do. This is totally without knowledge of the market, or the category.
Two to three weeks ago, a bunch of huge, relatively, buys supported the price, even lifting it from .09 or so to .11 or so.
Then, a bunch of smaller buys joined in to lift it to, I believe, .185.
Since then, with Haywood and Canaccord being the buyers, it has slipped back - but with no great rush of sellers.
Now, the past day or so, the bids are firming and the asks are not copping out. There is a new bidder: #82 DS. Coming in strong.
To me, somewhere there is a strong feeling something's going right. In this whole bunch of buyings and firmings.
And Boulay does not seem like the kind of guy to toss his reputation and future into a scam.
I simply continue to feel 'good' about the dynamics of the whole thing.
A bunch of South African fields were mentioned. If this isn't factual, it is the greatest of put-ons - and Marum doesn't seem like the kind of shop that would deal in such subterfuge.
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